DeepBrain Chain (DBC) Analysis

Market Cap

$2,119,356 USD

Volume (24h)

$383,707 USD

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3.4

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

DeepBrain Chain Markets Rank: 2/100
Volume Ratio

How actively is this asset being traded on the market?

DeepBrain Chain Volume Ratio Rank: 18/100
Market Cap

The total cost of all coins available.

DeepBrain Chain Market Cap Rank: 80/100
24h Change

Is the price moving up or down?

DeepBrain Chain 24h Change Rank: 49/100
Social Following

How many users are following this coin?

DeepBrain Chain Social Following Rank: 89/100
Google Trends

How many users are searching for the coin?

DeepBrain Chain Google Trends Rank: 1/100
Twitter Citation

How many users are talking about this coin in Twitter?

DeepBrain Chain Twitter Citation Rank: 1/100
User Voting

How popular is this coin among Cointobuy community?

DeepBrain Chain User Voting Rank: 96/100

DeepBrain Chain investment analysis

The DeepBrain Chain is a platform that facilitates the development of Artificial Intelligence and leverages on the decentralized nature of interdependent node properties of the NEO blockchain network to achieve this objective.

The platform works by allowing nodes connected via neural networks contribute computing resources to AI based companies who are also members of the DeepBrain Chain ecosystem and in return will receive DBC tokens as rewards. The computing resources are needed to aid simulation programs and processes to facilitate AI development.

More so, these companies are only burdened with 30% of the responsibility while the platform itself takes care of the remaining 70% compensation plan.

Other interesting features of the platform makes the DeepBrain Chain investment a complete suite of data resource management and distribution system, which effectively contributes to the growth of the ecosystem and ultimately the AI industry at large. It also creates a viable market and demand for the developing niche.

How to buy?

$0.000662

+67.5%

$0.001109

493/3303

by Safety

2007/3303

by Profit

How to buy DeepBrain Chain?

There are currently 6 exchanges where the cryptocurrency is being traded with BTC, ETH, NEO, and USDT. More so, there is one exchange that trades to INR. Buying the cryptocurrency should not be that hard, however, it might be a little bit difficult if you’re not already registered on any of the exchanges where the asset is being listed.

You can buy DBC using any of the above pairs by buying from an exchange using your credit card to purchase BTC or any of the alt, and then sending it to the exchange where you want to perform the DBC exchange. As a ‘heads up’, you might want to consider trading with BTC for liquidity sakes, it has more trading volume.

Once you have bought the coin, the subject of storage might come up, as you may not necessarily want to leave your coin on the exchange. Your best option, for now, is to use the NEO wallet or any of the hardware wallets.

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AI technology has been around for a while (running several decades), and now, the potential is growing even bigger by the day with more mainstream systems adopting the idea of harnessing concepts like big data and AI dependent algorithmic assays. You can think of stocks, investment vehicles, financial markets, unmanned and smart vehicles, energy, medical science and deep space exploration; the applications however broad, are no longer limited to abstract or theoretical science anymore.

Taking a closer look into DeepBrain Chain analysis reveals that such futuristic innovations – which was once thought to be so distant from the current reality are much closer and has a huge impact on the global economy with billions of USD being invested to uphold the industry.

If you had to invest in DBC, it would mean that you have an interest in a business with prospective deep pockets such that there is a wide range of interest groups who have a profound investment portfolio in the artificial intelligence business.

The technological design of the platform offers low-cost operation model for all stakeholders of the economy, smart-contract enabled privacy system, a complex neural network of computing nodes with flexible computing scheduling and a high inclination towards security throughput.

Confidence stems from the fact that the developers and contributing scientist are well informed and knowledgeable about respective technologies (blockchain and AI), and have achieved some strides in innovative and creative competitions.

Their development course seems to have started way back in 2012 with the Smart 360 digital assistant and has evolved to so much more now. Further development plans along their timeline are saddled with important milestones to be achieved which will impact the project positively.

Furthermore, price dynamics of the coin since it concluded its ICO suggests that there is a good market for the coin, which is most likely to improve with the release of new updates.

In conclusion, we can agree after all due consideration that this asset is indeed a rare one to the blockchain industry and should not be just considered a speculative investment vehicle, however, the milestones yet to be achieved might be challenging especially with the huge responsibility of the big data market and other surrounding parameters. However, the team seem to have established themselves as credible members of the blockchain industry and can achieve the stated objectives.

However, don’t take this as investment advice but as a clear analysis that reveals the potential of this platform should it be given the required resources and support further down their development stream.

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